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Stronger banking union would help boost growth: America to Europe

Last Updated: Thursday, January 09, 2014, 03:24

The United States has a message for the countries of Europe: If you want to help your ailing economies, consider pledging to stand behind one other`s troubled banks.

ECB authorised to directly police euro zone banks

Last Updated: Thursday, December 13, 2012, 10:24

The new system of supervision should be up and running by the end of next year.

European Central Bank to lend funds until July 2013

Last Updated: Friday, December 07, 2012, 10:57

European Central Bank chief Mario Draghi said here Thursday that his institution will lend euro zone banks all the liquidity they require until at least July 2013.

S&P may downgrade EU, eurozone banks

Last Updated: Thursday, December 08, 2011, 09:36

Standard & Poor's warned on Wednesday that it could cut the credit ratings of the European Union and large euro-zone banks if a mass downgrade of euro-zone countries materializes.